The Influence of Bank Health Indicators, External Factors and Profit Growth on Banking Stock Returns on the Indonesia Stock Exchange

Authors

  • Dian Novianti Universitas Pamulang

DOI:

https://doi.org/10.30736/jpensi.v7i3.1308

Keywords:

, stock returns, bank health indicators, inflation, interest, growth

Abstract

The purpose of this study was to examine the effect of bank health indicators, external factors and earnings growth on stock returns. The sample of this research is banking sector companies listed on the Indonesia Stock Exchange (IDX) during the 2016–2020 period. The data analysis method used is multiple linear regression analysis with eviews 12.0 application tools. The results showed that (1) non-performing loans (NPL) had a positive and significant effect on stock returns, (2) return on assets (ROA) did not significantly affect stock returns, (3) net interest margin (NIM) did not significantly affect stock returns. , (4) capital adequency ratio (CAR) has a positive and significant effect on stock returns, (5) inflation has a positive and significant effect on stock returns, (6) the BI Rate has no significant effect on stock returns, (7) earnings growth has no significant effect to stock returns.

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Published

2022-11-14